Surging demand and insufficient supply of new copper projects could result in copper prices jumping to $20,000 per metric ton in a few years, double the current price of around $10,000 per ton which is the highest in a decade, analysts say.

Soaring demand for critical minerals to support the energy transition, including copper, has already made copper one of the hottest metals this year, with prices jumping to $10,000 per ton, double from the pre-pandemic levels due to the global push toward decarbonization and government support for electric vehicles (EVs) and renewable electricity generation.

The copper projects are seeing a decline in resource quality over time. For example, the IEA says, the average copper ore grade in Chile declined by 30 percent over the past 15 years. Investments in copper projects are also lagging behind the expected surge in demand.

That’s why it’s no surprise that David Neuhauser, founder and managing director of U.S. hedge fund Livermore Partners, told CNBC this week - “I think copper is the new oil and I think copper, for the next five to 10 years, is going to look tremendous with the potential for $20,000 per metric ton”

This is dangerous.

The breakthrough chip squeezes 50 billion transistors into area of 150 square millimeters. That puts its transistor density at just over 330 million transistors per square millimeter which is about 94% greater than the 5nm chips currently on the market (including Apple’s M1 and Huawei’s Kirin 9000 processors).

It’s also 14% greater than the upcoming chips based on TSMC’s 3nm process, which are due to start shipping some time next year.

IBM claims that the performance and efficiency gains over 7nm are substantial. When computational muscle is the top priority, its 2nm performs 45% better. When extended battery life is more important, IBM’s 2nm is capable of delivering performance on par with a 7nm chip while using about 75% less power.

http://www.prnewswire.com/news-releases/ibm-unveils-worlds-first-2-nanometer-chip-technology-opening-a-new-frontier-for-semiconductors-301285321.html

Main purpose for this PR is to take blame from the industry, as chip manufacturers stole tens of billions of dollars during last months, they are also among main sponsors of crypto scam.

Chart shows that 2008 crisis is still going and accelerating even.

The provisional number of births for the United States in 2020 was 3,605,201, down 4% from the number in 2019 (3,747,540). This is the sixth consecutive year that the number of births has declined after an increase in 2014, down an average of 2% per year, and the lowest number of births since 1979.

The provisional general fertility rate (GFR) for the United States in 2020 was 55.8 births per 1,000 women aged 15–44, down 4% from the rate in 2019 (58.3), another record low for the nation.

https://www.cdc.gov/nchs/data/vsrr/vsrr012-508.pdf

https://www.hstoday.us/subject-matter-areas/infrastructure-security/russias-disinformation-ecosystem-a-snapshot/